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Codex Tech Limited

05774162

active
Private Limited Company
england wales
Companies House
Health Score
80 / 100

Healthy

30/30
Filing
10/30
Financial
40/40
Risk
  • Going concern doubt noted in accounts (-10)

Details

60 POLAND STREET, LONDON, W1F 7NT
Incorporated 07/04/2006

Compliance

Last accounts

31/12/2024

group

Next accounts due

30/09/2026

On track

Confirmation statement

Last: 06/01/2026

Due 20/01/2027

On track

Industry

26702
Manufacture of photographic and cinematographic equipment

Officers

Mr Joseph Marion Harkins

director · Since 24/11/2025

AMERICAN · UNITED STATES · Age 44

Also on 1 other board

Persons with Significant Control

Mr Joseph Marion Harkins

75–100% shares
75–100% votes
Appoint directors

American · United States · Age 44

60, Poland Street, London, W1F 7NT

Notified 24/11/2025

Former PSCs

Mr Eric Dachs

Ceased 24/11/2025

CompanyRankvs 12+ SIC 26702 peers
70

Financial strength91th percentile among SIC peers · 23/25
Employees98th percentile among SIC peers · 15/15
LiquidityCurrent ratio 1.04× · 12/20
Longevity15 years trading (max 15) · 15/15
Filing complianceAll filings up to date · 15/15
Going concern doubt -10
Show leaderboard
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9Photronics (Uk) Limited
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10Digital Projection Limited
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12Codex Tech Limited
80
How is this score calculated?
Financial strength23/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees15/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity12/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity15/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Going concern doubt: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Going Concern Doubt

in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Material uncertainty related to going concern We draw attention to note 2.3 in the financial statements, which indicates that due to a decreasing customer base and challenges in the labour market, amongst other conditions, the Group

Key FinancialsYear ending 31/12/2024

Net Worth

£524k

Balance sheet strength

Cash

£4.0M

Cash in the bank

Net Current Assets

£379k

Working capital

Current Assets

£9.2M

Current Liabilities

£8.8M

Fixed Assets

£157k

Profit After Tax

£6.7M

55avg. employees-31

Tax at Year End

Corp tax£47k

Balance Sheet

Assets less current liabilities£536k
Prepared with Caseware UK (AP4) 2024.0.164

EstimatesDerived

YearCurrent RatioImplied Profit
20241.04-£7.1M
20231.72+£6.8M
20221.01+£1.9M
20210.67-£2.3M
20201.08-£3.8M
20192.28—

Derived from filed accounts. Not audited figures.